Washington township (Morris County), NJ Housing

Washington township (Morris County), NJ is an attractive place for homebuyers due to its high median housing value of $563,700 which is substantially higher than the US median value of $338,100. Furthermore, properties in Washington township have appreciated by 10.11% over the last year as compared to 8.27% across the rest of the nation, making it a great investment opportunity. This makes Washington township an ideal place for those looking to purchase real estate and benefit from long-term growth in property value.

The median home cost in Washington township (Morris County) is $563,700. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Washington township (Morris County) is up 14.2%.

Average Age of Homes

- The median age of Washington township (Morris County) real estate is 37 years old

The Rental Market in Washington township (Morris County)

- Renters make up 10.9% of the Washington township (Morris County) population
- 0.0% of houses and apartments in Washington township (Morris County), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Washington township (Morris County), New Jersey	United States
	6,449.0	139,647,020.0
	41	42
	$563,700	$338,100
	14.2%	16.6%
	45.6%	57.0%
	56.2%	101.1%
	$22.02	$10.98
	$10,001	$2,690
	86.2%	57.4%
	2.5%	11.2%
	11.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.6%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	0.2%	11.3%
	1.1%	13.0%
	9.1%	20.1%
	19.1%	13.6%
	27.0%	8.3%
	32.5%	9.7%
	6.8%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	1.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.5%	13.6%
	5.5%	13.6%
	14.0%	13.6%
	26.4%	13.2%
	23.2%	14.8%
	14.0%	13.6%
	3.1%	10.0%
	1.0%	4.7%
	8.7%	12.2%

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